Current Affairs 14 August 2026

In short

  • India removes import duty on select mobile phone and electronics parts
  • India’s consumer inflation likely stayed above RBI’s 4% target in June

…and 8 more stories on GOVERNANCE, DEFENCE, ECONOMY, INFRASTRUCTURE.

Top stories

ECONOMY

India removes import duty on select mobile phone and electronics parts

India has removed import duties on some parts used to make mobile phones and other electronic devices. The earlier levies of 7.5% and 5% have been scrapped. The change is expected to help companies that assemble smartphones and electronic products in India. It may lower input costs and support domestic manufacturing. The policy shift is relevant for exams on trade policy and industrial development.

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What did India do with duties on some mobile phone and electronics parts?

ECONOMY

India’s consumer inflation likely stayed above RBI’s 4% target in June

A Reuters poll indicated that India’s consumer inflation likely remained above the Reserve Bank of India’s 4% target in June. The estimated rise came amid higher food and fuel prices. The poll also cited pressure from geopolitical tensions and a weak monsoon. Inflation remains a key macroeconomic indicator for exams. The development matters for monetary policy and price-stability questions.

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What is the RBI’s medium-term inflation target mentioned in the report?

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Current Affairs by JobSafal